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What We Do

Today's challenging healthcare environment demands new, more effective solutions to stem rising costs. Self Insured Plans works to keep healthcare plan expenses in line and quality care at the forefront. Whether your organization is large or small, we can help create a highly effective self-funded strategy that will control costs, keep you better informed and support happier, healthier employees.

Level Funded Health Plans

Large employers have many alternatives available to them for the financing and design of their employee benefit plans, which allow them to more effectively control their health plan costs. However, small employers have historically been limited to fully insured plans, limited plan design options and no real opportunity to control premium costs other than shifting a greater percentage of the cost to plan participants. With level funding, and by simply changing the manner in which you finance the cost, you can regain control of your health plan costs and maximize the opportunity for future savings.

With a Level Funded Plan:

You fund your claim expenses and fixed costs up to a pre-determined monthly amount usually totaling less than your current fully insured premium. If your actual claims expenses are less than the monthly amount, times twelve, you receive a 100% refund of the unspent claim costs.

If your actual expenses are greater than the amount that you fund, then your stop loss protection provides coverage for the excess claim costs.

Are You Ready to Discover the Benefits?

Our Promise

Self Insured Plans, LLC, is a family owned organization with more than 40 years of employee benefits experience. Our ability to make timely decisions for flexible plan design makes SIP unique in a world of look-alikes. SIP is also active in the Self Insurance Insitute of America, the National Association of Health Underwriters, the Southwest Florida Health Underwriter Association, the National Association of Employee Benefits Administrators and Health Care Administrators Association.